US banks are jumping headfirst into the world of stablecoins as a group of US-backed financial institutions makes plans to mint a new stablecoin. According to a press release, the “USDF Consortium” will mint a US-dollar pegged stablecoin (USDF) that’s redeemable on a 1:1 basis from any of the consortium’s members. The USDF Consortium’s founding […]
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